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CFCM > FAR Part 1 > Flashcards

FAR Part 1 Flashcards

1
Q

FAR Part 1

A

Federal Acquisition Regulations System

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2
Q

FAR Part 2

A

Definitions of Words and Terms

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3
Q

FAR Part 3

A

Improper Business Practices and Personal Conflicts of Interest

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4
Q

FAR Part 4

A

Administrative Matters

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5
Q

FAR Part 5

A

Publicizing Contract Actions

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6
Q

FAR Part 6

A

Competition Requirements

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7
Q

FAR Part 7

A

Acquisition Planning

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8
Q

FAR Part 8

A

Required Sources of Supplies and Services

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9
Q

FAR Part 9

A

Contractor Qualifications

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10
Q

FAR Part 10

A

Market Research

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11
Q

FAR Part 11

A

Describing Agency Needs

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12
Q

FAR Part 12

A

Acquisition of Commercial Items

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13
Q

FAR Part 13

A

Simplified Acquisition Procedures

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14
Q

Agreements that are not binding solely because the gov’t rep lacked the
authority to enter into that agreement on behalf of the gov’t

A

Unauthorized commitments

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15
Q

FAR Part 14

A

Sealed bidding

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16
Q

FAR Part 15

A

Contracting by Negotiation

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17
Q

FAR Part 16

A

Types of Contracts

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18
Q

FAR Part 17

A

Special Contracting Methods

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19
Q

FAR Part 18

A

Emergency Acquisitions

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20
Q

FAR Part 19

A

Small Business Programs

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21
Q

FAR Part 22

A

Application of Labor Laws to Government Acquisitions

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22
Q

FAR Part 23

A

Environment, Energy and Water Efficiency, Renewable Energy Technologies, Occupational Safety, and Drug-Free Workplace

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23
Q

FAR Part 24

A

Environment, Energy and Water Efficiency, Renewable Energy Technologies, Occupational Safety, and Drug-Free Workplace

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24
Q

FAR Part 25

A

Foreign Acquisition

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25
Q

FAR Part 26

A

Other Socioeconomic Programs

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26
Q

FAR Part 27

A

Patents, Data, and Copyrights

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27
Q

FAR Part 28

A

Bonds and Insurance

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28
Q

FAR Part 29

A

Taxes

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29
Q

FAR Part 30

A

Cost Accounting Standards Administration

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30
Q

FAR Part 31

A

Contract Cost Principles and Procedures

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31
Q

FAR Part 32

A

Contract Financing

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32
Q

FAR Part 33

A

Protests, Disputes, and Appeals

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33
Q

FAR Part 34

A

Major System Acquisition

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34
Q

FAR Part 35

A

Research and Development Contracting

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35
Q

FAR Part 36

A

Construction and Architect-Engineer Contracts

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36
Q

FAR Part 37

A

Service Contracting

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37
Q

FAR Part 38

A

Federal Supply Schedule Contracting

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38
Q

FAR Part 39

A

Acquisition of Information Technology

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39
Q

FAR Part 41

A

Acquisition of Utility Services

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40
Q

FAR Part 42

A

Contract Administration and Audit Services

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41
Q

FAR Part 43

A

Contract Modificiations

42
Q

FAR Part 44

A

Subcontracting Policies and Procedures

43
Q

FAR Part 45

A

Government Property

44
Q

FAR Part 46

A

Quality Assurance

45
Q

FAR Part 47

A

Transportation

46
Q

FAR Part 48

A

Value Engineering

47
Q

FAR Part 49

A

Termination of Contracts

48
Q

FAR Part 50

A

Extraordinary Contractual Actions and the safety act

49
Q

FAR Part 51

A

Use of Government Sources by Contractors

50
Q

FAR Part 52

A

Solicitation Provisions and Contract Clauses

51
Q

FAR Part 53

A

Forms

52
Q

GAO

A

Government Accountability Office

53
Q

When must a protest be filed?

A

before bid opening or the closing date for receipt of proposals

54
Q

Contractor-acquired property

A

property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title

55
Q

Cannibalize

A

to remove parts from Government property for use or for installation on other Government property.

56
Q

Government-furnished property

A

property in the possession of, or directly acquired by, the Government and subsequently furnished to the Contractor for performance of a contract

57
Q

Government property

A

all property owned or leased by the Government, includes both Government-furnished and Contractor-acquired property; does not include intellectual property and software.

58
Q

Material

A

property that may be consumed or expended during the performance of a contract, component parts of a higher assembly, or items that lose their individual identity through incorporation into an end item. Material does not include equipment, special tooling, special test equipment or real property

59
Q

Property Administrator

A

an authorized representative of the Contracting Officer appointed in accordance with agency procedures, responsible for administering the contract requirements and obligations relating to Government property in the possession of a Contractor

60
Q

Annual Performance Bond

A

A single bond, in lieu of separate performance bonds, to secure fulfillment of contractor’s obligations under contracts other than for construction requiring bonds entered into during a specific fiscal year

61
Q

Bonds are required in domestic construction contracts valued at over

A

$150,000

62
Q

Multi-year contract

A

a contract for the purchase of supplies or services for more than 1, but not more than 5, program years

63
Q

distinguishing difference between multi-year contracts and multiple year contracts

A

multi-year contracts, defined in the statutes cited at 17.101, buy more than 1 year’s requirement (of a product or service) without establishing and having to exercise an option for each program year after the first

64
Q

Termination for Convenience

A

Termination of a contract by the unilateral right of the government to do so, for the convenience of the government when the contract no longer serves the government’s best interests

65
Q

Termination for Default

A

Termination of a contract resulting from one party’s failure to perform one or more actions required by the contract

66
Q

A quotation is not an offer

A

True

67
Q

Acceptance of a quote by the Government

A

does not form a binding contract

68
Q

Issuance of an order by the Government in response to a supplier’s quotation

A

Does, or does not, establish a contract. DOES NOT

69
Q

A contract is established when the supplier

A

accepts an offer

70
Q

Time-and-materials contracts and labor-hour contracts

A

are not fixed-price contracts

71
Q

A fixed-price contract with economic price adjustment

A

provides for upward and downward revision of the stated contract price upon the occurrence of specified contingencies

72
Q

cost-plus-incentive-fee contract

A

cost-reimbursement contract that provides for an initially negotiated fee to be adjusted later by a formula based on the relationship of total allowable costs to total target costs

73
Q

cost-plus-award-fee contract

A

cost-reimbursement contract that provides for a fee consisting of (a)a base amount (which may be zero) fixed at inception of the contract and (b)an award amount, based upon a judgmental evaluation by the Government, sufficient to provide motivation for excellence in contract performance

74
Q

cost-plus-fixed-fee contract

A

cost-reimbursement contract that provides for payment to the contractor of a negotiated fee that is fixed at the inception of the contract. The fixed fee does not vary with actual cost, but may be adjusted as a result of changes in the work to be performed under the contract.

75
Q

A cost-plus-fixed-fee contract may take one of two basic forms-completion or term

A

completion form describes the scope of work by stating a definite goal or target and specifying an end product

term form describes the scope of work in general terms and obligates the contractor to devote a specified level of effort for a stated time period

76
Q

the Indian Incentive Program allows an incentive payment equal to

A

5 percent of the amount paid to a sub

77
Q

Indian

A

any person who is a member of any Indian tribe, band, group, pueblo, or community that is recognized by the Federal Government as eligible for services from the Bureau of Indian Affairs (BIA)
“Native” as defined in the Alaska Native Claims Settlement Act

78
Q

contract should not normally be terminated for convenience but should be permitted to run to completion when the undelivered balance is

A

less than $5,000

79
Q

Sealed bidding is

A

a method of contracting that employs competitive bids, public opening of bids, and awards

80
Q

Sealed bidding solicitations are called

A

Invitation for bid

81
Q

If an invitation for bid is cancelled

A

Responsible bidders must be given notice that negotiations will be conducted AND the award is made to the bidder with the lowest negotiated price

82
Q

The Governmentwide commercial purchase card may NOT be used to pay for

A

travel arrangements

83
Q

a special form of written approval by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is called

A

Determination and Findings

84
Q

Fast payment procedures require

A

Firm Fixed Price
Less than $35,000
Deliveries of supplies are to occur at locations where there is both a geographical separation and a lack of adequate communications facilities between Government receiving and disbursing activities that will make it impractical to make timely payment based on evidence of Government acceptance

85
Q

What venue is NOT authorized to receive protests?

A

US District Court

86
Q

Multiyear contract may be terminated for convenience

A

True

87
Q

For claims of $100,000 or less, he contracting officer shall issue the decision within

A

60 days after receiving a written request from the contractor that a decision be rendered within that period, or within a reasonable time after receipt of the claim if the contractor does not make such a request

88
Q

For claims over $100,000, the contracting officer shall issue the decision

A

60 days after receiving a certified claim; provided, however, that if a decision will not be issued within 60 days, the contracting officer shall notify the contractor, within that period, of the time within which a decision will be issued

89
Q

FAR Part 41 does not apply to the acquisition of which utility services

A

Cable TV, Telecommunications

90
Q

In determining the materiality of a directly associated cost, consideration should be given to the significance of

A

The actual dollar amount,

(ii) The cumulative effect of all directly associated costs in a cost pool, and

(iii) The ultimate effect on the cost of Government contracts.

91
Q

In determining the materiality of a directly associated cost, consideration should NOT be given to the significance of

A

The funding source

92
Q

The Buy American statute uses what kind of test to define a domestic end product?

A

a two-part test

93
Q

A general wage determination

A

contain no expiration date and remain valid until modified, superseded, or canceled by the Department of Labor
Once incorporated in a contract, a general wage determination normally remains effective for the life of the contract, unless the contracting officer exercises an option to extend the term of the contract

94
Q

Contracting officers shall

A

Appoint a COR on all contracts and orders other than those that are firm-fixed price, and for firm-fixed-price contracts and orders as appropriate, unless the contracting officer retains and executes the COR duties.

Ensure that contractors receive impartial, fair, and equitable treatment

Request and consider the advice of specialists in audit, law, engineering, information security, transportation, and other fields, as appropriate

95
Q

Market research conducted within _____ months before the award or any task or delivery order may be used if the information is still current, accurate and relevantf

A

18

96
Q

Who is/are authorized to sign contracts on behalf of the US government?

A

Contracting Officer

97
Q

Contracts do not include

A

Grants and cooperative agreements

98
Q

Contractors must maintain representations and certifications in which single location?

A

SAM.gov

99
Q

Representations and certifications are provided by contractors

A

in SAM.gov

100
Q

Covered contractor information system is

A

any IS that is owned or operated by a contractor that processes, stores, or transmits federal contract information

101
Q

Contract records must be retained by the contractor for

A

a minimum of 3 years after final payment

102
Q

Latent defect

A

a defect that exists at the time of acceptance but cannot be discovered by a reasonable inspection.

CFCM (1 decks)

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